Ethereum`s Shiba Inu Dips 6.24% Today: How The Project Became Popular And Why The Token Fell In Price?

Today SHIBA INU price is $0.000007044 USD with a 24-hour trading volume of $337,238,794 USD. The current Coin Market Cap ranking is #54, with a live market cap of $2,769,390,669.65 USD. It has a circulating supply of 394,796,000,000,000 SHIB coins and the max. supply is not available. The copper token first rose in price 26 times in a couple of days, and then its quotes instantly fell by 50%. The creators of Shib reported that the founders and developers of the project were the first to abandon the practice of owning tokens. 20151016172253 dodge coin currency meme dog To do this, 50% of the Shib was sent to the Uniswap exchange and blocked, and the remaining 50% was sent to the wallet of the creator of Ethereum Vitalik Buterin. The meme token has gained great popularity, and its price has increased many times. In four days, the cost of Shib has risen almost 25 times. However, the hope for Buterin at some point failed the creators of Shib. Of the 505 trillion Shib tokens that were stored in his wallet, the creator of Ethereum donated 50 trillion Shib to charity in aid of the India Covid-Crypto Relief Fund. As a result, the price of Shib fell by more than 50% from the maximum.

Lora Nilsson

Finance and Business reporter After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter

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